Had an account that was opened about 8 years ago, steady buying and selling up to about 3 years or so ago and then ran it as a full time business bringing in about 6k a month, all good, happy customers top rated, the lot.
Guess what? Out of then blue p/p decide too high risk for them, dead.
I would love to meet the actuaries who assess their risk and ask them how they are arrive at their often ridiculous decisions, they are complete numpties if you ask me.
Would a proper bank turn good business away that is stable and profitable like they do?
I don't think so.
You can make big money but there is one thing you can bet on p/p will can you eventually. It's now become the third certainty in life alongside death and taxes
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